High School Subject that will help:

What can you expect to make:

The average hourly wages for University Professors is $31.57/HR, which is above average for occupations in the social science, education, government service and religion and are above average for all professional occupations. These wages grew at an average rate from 2002 to 2004.

Average Wage

Expected Wage by Age

Unemployment:

4% of University Professors are unemployed. This rate is close to the average for professionnal occupations.

Unemployment

Trends in Unemployment

Current Job Outlook:

The job outlook for University Professors is considered Above Average because:

1. Employment grew at an average rate.

2. Hourly wages ($31.57) are above the average ($18.07), and the rate of wage growth is close to the average.

3. The unemployment rate (4%) is close to the 2004 average (7%).

Future Job Prospects:

Your job outlook will continue to be Above Average because:

1. The employment growth rate will likely be above average because of ongoing trends--increased government funding for education/research and employers requiring a more highly trained work force.

2. Although the retirement rate will likely be average, the number of retiring workers should contribute to job openings.

3. The number of job seekers will likely exceed the number of job openings.

Highest Concetration:

The highest concentrations (per 10,000 people) of University Professors are found in Nova Scotia and Newfoundland while the lowest concentrations are in Prince Edward Island and Ontario.

Unionization Rate:

The unionization rate (72%) is above the average (32%) for all occupations.

Useful Experience:

1. Research

2. Teaching

3. Interpersonal skills

Part Time Workers

Part time workers:

17% of University Professors are employed only on a part-time basis. There were 50,200 workers employed in these occupations in 2004, an increase of 24% since 1997.

Age Demographics

Age Demographics:

The relatively low percentage of younger workers suggests few entry-level job openings, and could point to a greater need for workers with experience or a number of years of training. The retirement rate to 2009 will likely be average influenced by a similar-to-average age of workers (39).

Self Employed

Self Employed:

Roughly 0% of University Professors are self-employed. This is considered Below average for the industry as a whole.

Men vs Women

Men vs Women:

39% of the individuals employed as University Professors are women. Compared to other industries, this is Average.